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UK: Commercial property sector boosted by private activity

Posted on 11 April 2013

A spike in private activity in the commercial property sector has partly offset a dip in projects funded by the government, upmarket estate agent Savills said. The firm’s latest commercial development activity index saw its public sector measure drop from 1.4 in February to minus 1.3 in March.
However, the private sector number has climbed from 10.9 at the start of the year to 17.8 last month. The index numbers show the percentage of surveyed developers that report an improvement in activity, minus the percentage that tell Savills that activity has dropped………………………………………..Full Article: Source

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